Paradigm Financial Advisors LLC (Des Peres)


Paradigm Financial Advisors LLC is a large advisory firm based in Des Peres. It manages $444.22 million of regulatory assets for 1,321 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Illinois, Missouri, and Texas.

Paradigm Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for more than 250 clients. On top of advisory services, the firm also engages as financial & estate planning.

Paradigm Financial Advisors: assets under management

The assets under management (AUM) of Paradigm Financial Advisors LLC is $444.22 million. The firm's AUM has grown by 748% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $390.46 million in discretionary accounts and $53.76 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $327.02 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $423.28 thousand.
Paradigm Financial Advisors has custody of $280.44 million in cash and securities for 250 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 37% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 25% of the firm’s portfolio. Investments in exchange traded securities form 25% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Paradigm Financial Advisors LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Paradigm Financial Advisors serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Paradigm Financial Advisors is high net worth individuals with 149 clients and $327.56 million of assets under management. Among the 11 most similar advisory firms, Paradigm Financial Advisors has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $444.22 million for 429 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Paradigm Financial Advisors doesn't advise any private funds.

Careers at Paradigm Financial Advisors LLC

The company employs 11 people that are either part- or full-time employees. 45 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Robert John Spindel Managing member 1 Jun 1997 50% - 75% 829802
Linda Jane Schwartz Member 1 Jun 1997 25% - 50% 1642704
Brigid Cathlin Henke Member 1 Jan 2001 Other 3247597
John Farrell Browne Financial advisor 1 Jan 2001 Other 3175593
Stacey Leigh Cheek Chief compliance officer 1 Apr 2007 Other 3159204
James Todd Reding Member 1 Apr 2007 25% - 50% 2701363
James Todd Reding Managing member/principal 1 Dec 2011 75% - 100% 2701363
James Todd Reding Chief compliance officer 1 Apr 2017 75% - 100% 2701363

Based in Des Peres

The principal office where Paradigm Financial Advisors LLC performs its advisory services is located at 12231 Manchester Road, Des Peres, MO 63131, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 314-966-3400 or by fax 314-966-0422. The normal business hours are 8:00 a.m. - 4:30 p.m. on Monday - Friday. You can find more information about the New York firm at pfaclient.com.